Orion Group Holdings, Inc. (ORN) is a leading specialty construction company delivering infrastructure and marine construction services. It operates in the heavy civil construction market, focusing on delivering turnkey solutions that address the challenges of complex public and private infrastructure projects.
The company’s key services include marine construction, such as the building of ports, waterways, and coastal protection facilities, alongside commercial concrete construction which supports large-scale commercial and light industrial projects.
Recently, ORN has experienced a notable shift in its stock performance. Transitioning from a ‘hold’ to a ‘buy’ signal suggests a positive change in market sentiment towards the company. This upswing follows the stock’s recovery from the 50% retracement level, a key technical indicator often associated with potential reversals in stock price trends, signaling growing investor confidence and accelerating momentum. https://www.oriongroupholdingsinc.com/